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Best way to recover stolen cryptocurrency
After a robbery or theft, there is always a chance that the stolen cryptocurrency can be retrieved. This article is going to explain how to get back your cryptocurrency. But first, it is important to know that the available options for recovering your stolen currency are not as clear cut or straightforward as one might think. The best way to protect your crypto assets is never leave them on an exchange!
If your cryptocurrency has been stolen, you might not be able to get it back. Contact the police or local authorities immediately and then consult a lawyer specialising in cryptocurrency theft, who can help you attempt to retrieve it from the thief.
Did you just find out that your cryptocurrency was stolen? Don’t know what to do?
If you have lost your bitcoin or any other cryptocurrency, know that you are not alone. It is estimated that about 1 million bitcoins have been stolen from people all over the world.
In the event of your cryptocurrency wallet being stolen or lost, there are a few steps you can take to recover your wallet and any funds that were held within it. This guide details what to do if you’ve lost control over your own funds due to a hacked exchange or dishonest developer, misplaced funds on an old hard drive, or your cryptocurrency exchange has simply closed down without warning.
If you have lost cryptocurrency, please contact us immediately. We will do everything to help you get back your coins.
After you’ve been hacked and had your cryptocurrency stolen, there’s no time to waste. In most cases, you have to immediately transfer the remaining funds to new addresses that are not associated with your hacked wallet or the exchange that was compromised. As soon as the stolen funds hit an exchange or another hot wallet, it’s just a matter of time before they’re laundered through a series of exchanges until they’re completely untraceable.
When cryptocurrency is stolen, it is not like cash that can be replaced like for like. When you store your cryptocurrency on an exchange, a wallet service or in a hot (online) wallet, it technically isn’t yours anymore. These sites are designed to let you access your funds at any time, but they are not designed to protect your funds from theft by hackers. The best protection against theft is to store cryptocurrency in ‘cold storage’ or your own offline hardware wallets – these are devices that generate and store an address with its own private key. These offer maximum security for storing cryptocurrencies and work independently of an internet connection.
About The Author
I urge all owners of cryptocurrency to let their voice heard and make the world know this is happening every day. The way I did it was to understand it as a crime against humanity in progress that should be stopped with latest technology at our disposal and calling out to other cryptocurrency community members, exchanges, miners and companies of different walks to join forces and fix this together. Together we are stronger, divided we will fall.
Being the victim of theft sucks, plain and simple. Not only is your property being stolen from you, but you also have to now deal with the added stress of doing something about it. As this testimony teaches us, however, the road to recovery doesn’t need to be a long one. There will be bumps along the way, but hopefully others can use this testimony as a guide in how to successfully file a claim.
In the United States and Canada, it’s estimated that there are nearly 4000 victims of crypto currency fraud every year. Victims lose upwards of $5 million and are often left without recourse. These crimes against individuals often go undiscovered for months or even years causing the true losses to grow into the millions. There is little in the way to prevent them because most people have no idea how crypto currency even works. In part, education stops these type of crimes from happening and helps reduce victimisation rates. Kudos to Cybersploits and other top Cryptocurrency recovery firm for combating against cryptocurrency theft.
The best way to avoid losing your digital currency is to not keep all of your digital currency in one place. With this, you spread the risk and make it very unlikely that you’ll be robbed. You may want to, however, keep an amount in a separate place for quick trading, so be sure to move the bulk of your currency when you aren’t actively trading it. Whether or not you backup your wallet is up to you as well. I’d say just make sure you encrypt it with a strong password, and that’s about it. And don’t forget about running antivirus scans on a weekly basis!
If you have lost your cryptocurrency tokens, there is good news. Cryptocurrency is designed to be hard to ” destroy ” or ” lose “, and the same features that make it hard to lose can also make it hard to permanently steal. If you are the victim of a hack or theft, here are some tips for getting back in control:
Cryptocurrency theft is a real thing. Many users have found themselves victim to hacking, stealing or other malicious activity. The consequences of this can be devastating, from personal financial debt to legal issues and lack of trust between peers. There is no guarantee for protection against cryptocurrency theft, but there are ways to reduce the likelihood of falling victim to hackers and thieves.
I was worried about my stolen funds from a stolen computer. I had read many different stories of people who were taken advantage of by not having proper secure storage and protection. Someone directed me to this website and I downloaded their secure wallet software. Cybersploits offers free storage of your cryptocurrency in their transparent accounts, but also allows you to take control of your funds by downloading the secure wallet program. I was able to recover all my funds that were stolen out of my account due to losing the password to my online exchange account (I did not have the passwords written down and it was a very long password that was impossible for me to remember). I emailed cybersploits company with some questions about storing my coins at home instead of on exchanges or deposit addresses elsewhere. They responded very quickly with knowledgeable feedback, so that I could make an informed decision about how and where to store my digital assets for safety.
I lost my private key and was unable to log in to my paper wallet, so I sent a message to the support team who wrote me back immediately. They helped me get access back to my funds. Thank you, Cybersploits
I would like to share my experience with others. I lost my wallet with all my ethereum coins on it and thought for sure I would never recover them (over $2000 in value). After much research and contacting many different companies / websites, I finally found Cybersploits that helped me recover all of the coins. They did not require any unnecessary personal information or provide upsell services. The best part is they charge a flat fee depending on how many coins you lost rather than charging per person/email etc.